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Subject Delta 108

Hard to see if either of those 2 are really the best solution to bolstering the squad, but the only result will be Liverpool being left behind if they keep getting beat to the punch for big name signings.

The financial situation that is faced at the moment is sad, the annoying thing is the actual club made ?10.2 million profit, but is losing money because of the interest on refinancing loans.

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Shibby 1

Distin is perhaps just gone past his peak. He's what like 31 or something. He has done pompey well, he's got Sol Campbell out of few tough moments. A great defender but is he of an age which makes him unsuitable for a bigger club?

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Martyn 5

Martyn 5

Distin is perhaps just gone past his peak. He's what like 31 or something. He has done pompey well, he's got Sol Campbell out of few tough moments. A great defender but is he of an age which makes him unsuitable for a bigger club?

We are hoping you will accept our offer of 50p and a packet of jelly beans.

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Kralik 3

The Magpies have issued an official statement setting a price as Keith Harris, chairman of investment bankers Seymour Pierce, continued his search for buyers.

The statement read: "The board of Newcastle United can today confirm that the club is for sale at the price of ?100m.

"Interested parties should contact Newcastle United at admin@nufc.co.uk (or Keith Harris at Seymour Pierce) for further details.

"The club will not be making any further comment at the present time.''

West Ham are set for a ?70million takeover, according to a report in the Sunday Mail this morning.

Rob Draper writes: "The chaos surrounding West Ham’s ownership is likely to be solved by a ?70million American buyout brokered by football’s most prominent banker, Keith Harris, which will be completed before the start of the season."

The Hammers are currently in limbo after owner Bjorgolfur Gudmundsson went bankrupt and the Premier League club are now in the process of being taken over by Icelandic bank Straumur.

Stramur are themselves controlled by the Icelandic financial authorities and will be forced to accept a knockdown price for the Premier League club or risk running the club themselves.

West Ham are believed to be in debt to the tune of around ?50 million and also have to pay ?26 million to Sheffield United in a compensation package over the Carlos Tevez affair.

UPDATE:

West Ham United have, as expected, been taken over by a company controlled by the Icelandic bank Straumur. The deal brings to an end the ill-fated ownership of Bjorgolfur Gudmundsson who has seen his fortune wiped out by the global recession.

Straumur has effectively been owning West Ham for the past year and has now set up CB Holding, along with other creditors, an asset management business, to take control. It brings much needed stability.